# LEUX (Tradr 2X Long LEU Daily ETF)

Tradr · Leveraged ETFs · data as of Oct 2, 2026

Three months to Oct 2, 2026: LEUX returned −37.8% where its own daily promise gave −36.1%, 1.7 points short.

## Key facts

- LEUX, what LEU did: −14.1%, as of Oct 2, 2026.
- LEUX, what 2 times a day gives: −36.1%, as of Oct 2, 2026.
- LEUX, what the fund returned: −37.8%, as of Oct 2, 2026.
- LEUX, the fund itself cost: −1.7 pts, as of Oct 2, 2026.
- LEUX, net assets: $9m (the issuer’s own daily fund list, as of Oct 2, 2026).
- LEUX, expense ratio: 1.49% (485BPOS XBRL, Jan 26, 2026).

## LEUX over each window to Oct 2, 2026

| Window | Fund | LEU | +2x the move | Difference | LEU moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −37.6% | −18.8% | −37.6% | −0.1 pts | 67% |
| 3 months | −37.8% | −14.1% | −28.2% | −9.6 pts | 76% |
| 6 months | −60.7% | −24.0% | −48.0% | −12.7 pts | 82% |
| Since launch | −71.7% | −33.3% | −66.7% | −5.1 pts | 78% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of LEU, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.68 times, against +2 stated | ETFIQ |
| Underlying | LEU | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $9m | the issuer’s own daily fund list, as of Oct 2, 2026 |
| Expense ratio | 1.49% | 485BPOS XBRL, Jan 26, 2026 |
| Launched | Feb 19, 2026 | ETFIQ |
| Underlying volatility over the window | 76% annualized | ETFIQ |

## Questions

### Did LEUX return +2 times LEU?

Over the window to Oct 2, 2026, LEU moved −14.1% and LEUX returned −37.8%. 2 times that move is −28.2%, so the fund came out 9.6 points short of it.

### Why does LEUX not return +2 times over a year?

Because it resets daily. LEUX aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, LEUX, data as of Oct 2, 2026. https://etfiq.com/funds/leux
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/leux  ·  JSON: https://etfiq.com/funds/leux.json
